Global move away from oil could lead to conflict and migration, experts say
A new report from the E3G thinktank warns that the global transition away from oil could trigger significant political instability, conflict, and migration in oil-dependent nations. Countries like Nigeria, Iran, and Algeria face severe economic risks as demand plateaus and they struggle to diversify their economies.
Why it matters
The findings highlight a looming geopolitical crisis where the decline of fossil fuel revenues could destabilize vulnerable nations, necessitating urgent international policy intervention.
Two men walk past gas flares belonging to the Agip Oil company in Idu, in the Niger Delta area of Nigeria. Two men walk past gas flares belonging to the Agip Oil company in Idu, in the Niger Delta area of Nigeria. Oil Global move away from oil could lead to conflict and migration, experts say Researchers urge governments to help worst afflicted countries, such as Nigeria and Algeria, which rely on oil revenues for public services
Prefer the Guardian on Google Conflict, migration and economic upheaval will accompany the global move away from oil, unless governments act urgently to help the worst afflicted countries to cope, research has found.
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